Will Evertec (EVTC) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Evertec (EVTC) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 14.12% [1] - The company reported earnings of $0.81 per share for the most recent quarter, falling short of the expected $0.87, resulting in a surprise of 7.41% [2] - In the previous quarter, Evertec exceeded expectations by reporting $0.87 per share against a consensus estimate of $0.72, achieving a surprise of 20.83% [2] Earnings Estimates and Predictions - Earnings estimates for Evertec have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +1.16%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report [8] Earnings ESP and Market Behavior - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A negative Earnings ESP can diminish predictive power but does not necessarily indicate an earnings miss [9]